A recent report published by Infinium Global Research on the automotive Ethernet market provides an in-depth analysis of segments and sub-segments in the global as well as regional automotive Ethernet market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automotive Ethernet market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global automotive Ethernet market. According to the report, the global automotive Ethernet market is projected to grow at a CAGR of 19.59% over the forecast period of 2019-2025.
The automotive industry is trending to Ethernet for in-vehicle networking (IVN) based on open IEEE standards. Automobiles are rapidly developing and including unique levels of comfort and safety. Automotive Ethernet is used as an advanced driver-assistance system. Automotive Ethernet is the use of an Ethernet-based network for connections between in-vehicle electronic systems. Demand is accelerating for deterministic, high-performance bandwidth features and low-cost cabling solutions, pointing to Ethernet-based networks as the solution. In the new era of automotive innovation, Ethernet solutions provide high data rates and design flexibility.
Increasing adoption of the advanced driver-assistance system by the original equipment manufacturers and the rising number of production of vehicles are the driving factors for the growth of the global Automotive Ethernet market. Technological advancement and innovation such as the adoption of connected vehicles and devices in the automotive industry fuel the growth of the global automotive Ethernet market. On the other hand, high implementation cost associated with the in-vehicle system may hamper the growth of the global automotive Ethernet market. Furthermore, the emergence of autonomous and connected vehicles and the emergence of 5G technologies creates an opportunity for the growth of the global automotive Ethernet market.
Geographically, Asia-Pacific region dominates by the largest market share in the Automotive Ethernet market due to the adoption of advanced technologies such as in-vehicle system and an increasing number of fleets in this region. In Asia-Pacific, China dominates the market followed by Japan and India. Also, Asia Pacific region expected to boost the growth of the Automotive Ethernet market due to the development of autonomous or unmanned vehicles. An increasing number of vehicle sales in China fuels the growth of the Automotive Ethernet market. Europe holds the second position in the global automotive Ethernet market. In Europe, Germany holds the highest market share in the global automotive Ethernet market due to the high production of the number of fleets.
The report on the global automotive Ethernet market covers segments such as component, type, operating speed, and application. On the basis of component, the sub-markets include hardware, and software. On the basis of type, the sub-markets include local area network (LAN), and metropolitan area network (man). On the basis of operating speed, the sub-markets include 10Mbps, 100Mbps, and 1000Mpbs. On the basis of application, the sub-markets include powertrain, advanced driver assistance systems, infotainment, and other applications.
The report provides profiles of the companies in the market such as Texas Instruments Incorporated, NXP Semiconductors N.V., Infineon Technologies AG, Broadcom Inc., Microchip Technology Inc, Toshiba Corporation, Marvell Technology Group, Molex Incorporated, Realtek Semiconductor Corp., Cadence Design Systems, Inc., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automotive Ethernet market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.